Microsoft Excel LibreOffice Calc

Intel Corp. (NASDAQ:INTC)


Analysis of Profitability Ratios

Beginner level


Profitability Ratios (Summary)

Intel Corp., profitability ratios

Microsoft Excel LibreOffice Calc
Dec 28, 2019 Dec 29, 2018 Dec 30, 2017 Dec 31, 2016 Dec 26, 2015
Return on Sales
Gross profit margin 58.56% 61.73% 62.25% 60.94% 62.65%
Operating profit margin 30.62% 32.91% 28.58% 21.68% 25.29%
Net profit margin 29.25% 29.72% 15.30% 17.37% 20.63%
Return on Investment
Return on equity (ROE) 27.16% 28.24% 13.91% 15.58% 18.70%
Return on assets (ROA) 15.42% 16.45% 7.79% 9.10% 11.08%

Based on: 10-K (filing date: 2020-01-24), 10-K (filing date: 2019-02-01), 10-K (filing date: 2018-02-16), 10-K (filing date: 2017-02-17), 10-K (filing date: 2016-02-12).

Profitability ratio Description The company
Gross profit margin Gross profit margin indicates the percentage of revenue available to cover operating and other expenditures. Intel Corp.’s gross profit margin ratio deteriorated from 2017 to 2018 and from 2018 to 2019.
Operating profit margin A profitability ratio calculated as operating income divided by revenue. Intel Corp.’s operating profit margin ratio improved from 2017 to 2018 but then slightly deteriorated from 2018 to 2019 not reaching 2017 level.
Net profit margin An indicator of profitability, calculated as net income divided by revenue. Intel Corp.’s net profit margin ratio improved from 2017 to 2018 but then slightly deteriorated from 2018 to 2019.

Profitability ratio Description The company
ROE A profitability ratio calculated as net income divided by shareholders’ equity. Intel Corp.’s ROE improved from 2017 to 2018 but then slightly deteriorated from 2018 to 2019.
ROA A profitability ratio calculated as net income divided by total assets. Intel Corp.’s ROA improved from 2017 to 2018 but then slightly deteriorated from 2018 to 2019.

Gross Profit Margin

Intel Corp., gross profit margin calculation, comparison to benchmarks

Microsoft Excel LibreOffice Calc
Dec 28, 2019 Dec 29, 2018 Dec 30, 2017 Dec 31, 2016 Dec 26, 2015
Selected Financial Data (US$ in millions)
Gross margin 42,140  43,737  39,069  36,191  34,679 
Net revenue 71,965  70,848  62,761  59,387  55,355 
Profitability Ratio
Gross profit margin1 58.56% 61.73% 62.25% 60.94% 62.65%
Benchmarks
Gross Profit Margin, Competitors2
Advanced Micro Devices Inc. 42.61% 37.79% 34.21% 23.36% 27.06%
Apple Inc. 37.82% 38.34% 38.47% 39.08% 40.06%
Applied Materials Inc. 43.72% 45.31% 44.93% 41.67% 40.92%
Broadcom Inc. 55.24% 51.48% 48.25% 44.86% 52.07%
Cisco Systems Inc. 62.94% 62.04% 62.96% 62.87% 60.38%
Micron Technology Inc. 45.72% 58.87% 41.51% 20.20% 32.21%
NVIDIA Corp. 61.21% 59.93% 58.80% 56.11% 55.53%
Qualcomm Inc. 64.57% 54.94% 56.07% 58.61% 58.95%
Texas Instruments Inc. 63.71% 65.11% 64.26% 61.63% 58.15%

Based on: 10-K (filing date: 2020-01-24), 10-K (filing date: 2019-02-01), 10-K (filing date: 2018-02-16), 10-K (filing date: 2017-02-17), 10-K (filing date: 2016-02-12).

1 2019 Calculation
Gross profit margin = 100 × Gross margin ÷ Net revenue
= 100 × 42,140 ÷ 71,965 = 58.56%

2 Click competitor name to see calculations.

Profitability ratio Description The company
Gross profit margin Gross profit margin indicates the percentage of revenue available to cover operating and other expenditures. Intel Corp.’s gross profit margin ratio deteriorated from 2017 to 2018 and from 2018 to 2019.

Operating Profit Margin

Intel Corp., operating profit margin calculation, comparison to benchmarks

Microsoft Excel LibreOffice Calc
Dec 28, 2019 Dec 29, 2018 Dec 30, 2017 Dec 31, 2016 Dec 26, 2015
Selected Financial Data (US$ in millions)
Operating income 22,035  23,316  17,936  12,874  14,002 
Net revenue 71,965  70,848  62,761  59,387  55,355 
Profitability Ratio
Operating profit margin1 30.62% 32.91% 28.58% 21.68% 25.29%
Benchmarks
Operating Profit Margin, Competitors2
Advanced Micro Devices Inc. 9.37% 6.97% 3.83% -8.71% -12.05%
Apple Inc. 24.57% 26.69% 26.76% 27.84% 30.48%
Applied Materials Inc. 22.93% 27.80% 26.61% 19.88% 17.53%
Broadcom Inc. 15.24% 24.63% 13.51% -3.09% 23.92%
Cisco Systems Inc. 27.39% 24.95% 24.94% 25.71% 21.91%
Micron Technology Inc. 31.51% 49.34% 28.88% 1.35% 18.52%
NVIDIA Corp. 32.47% 33.05% 27.99% 14.91% 16.21%
Qualcomm Inc. 31.59% 3.26% 11.73% 27.57% 22.85%
Texas Instruments Inc. 39.79% 42.53% 40.66% 35.89% 32.88%
Operating Profit Margin, Sector
Technology Hardware & Equipment 26.34% 28.01% 25.84% 24.36% 26.96%
Operating Profit Margin, Industry
Technology 26.01% 27.13% 25.62% 24.62% 25.32%

Based on: 10-K (filing date: 2020-01-24), 10-K (filing date: 2019-02-01), 10-K (filing date: 2018-02-16), 10-K (filing date: 2017-02-17), 10-K (filing date: 2016-02-12).

1 2019 Calculation
Operating profit margin = 100 × Operating income ÷ Net revenue
= 100 × 22,035 ÷ 71,965 = 30.62%

2 Click competitor name to see calculations.

Profitability ratio Description The company
Operating profit margin A profitability ratio calculated as operating income divided by revenue. Intel Corp.’s operating profit margin ratio improved from 2017 to 2018 but then slightly deteriorated from 2018 to 2019 not reaching 2017 level.

Net Profit Margin

Intel Corp., net profit margin calculation, comparison to benchmarks

Microsoft Excel LibreOffice Calc
Dec 28, 2019 Dec 29, 2018 Dec 30, 2017 Dec 31, 2016 Dec 26, 2015
Selected Financial Data (US$ in millions)
Net income 21,048  21,053  9,601  10,316  11,420 
Net revenue 71,965  70,848  62,761  59,387  55,355 
Profitability Ratio
Net profit margin1 29.25% 29.72% 15.30% 17.37% 20.63%
Benchmarks
Net Profit Margin, Competitors2
Advanced Micro Devices Inc. 5.07% 5.20% 0.81% -11.63% -16.54%
Apple Inc. 21.24% 22.41% 21.09% 21.19% 22.85%
Applied Materials Inc. 18.52% 19.20% 23.62% 15.90% 14.26%
Broadcom Inc. 12.05% 58.80% 9.59% -13.13% 19.99%
Cisco Systems Inc. 22.39% 0.22% 20.02% 21.81% 18.27%
Micron Technology Inc. 26.97% 46.51% 25.04% -2.23% 17.90%
NVIDIA Corp. 35.34% 31.37% 24.11% 12.26% 13.47%
Qualcomm Inc. 18.07% -21.40% 11.06% 24.22% 20.85%
Texas Instruments Inc. 34.88% 35.35% 24.61% 26.89% 22.97%
Net Profit Margin, Sector
Technology Hardware & Equipment 22.63% 22.50% 19.37% 18.64% 20.98%
Net Profit Margin, Industry
Technology 22.97% 20.88% 18.61% 19.41% 19.41%

Based on: 10-K (filing date: 2020-01-24), 10-K (filing date: 2019-02-01), 10-K (filing date: 2018-02-16), 10-K (filing date: 2017-02-17), 10-K (filing date: 2016-02-12).

1 2019 Calculation
Net profit margin = 100 × Net income ÷ Net revenue
= 100 × 21,048 ÷ 71,965 = 29.25%

2 Click competitor name to see calculations.

Profitability ratio Description The company
Net profit margin An indicator of profitability, calculated as net income divided by revenue. Intel Corp.’s net profit margin ratio improved from 2017 to 2018 but then slightly deteriorated from 2018 to 2019.

Return on Equity (ROE)

Intel Corp., ROE calculation, comparison to benchmarks

Microsoft Excel LibreOffice Calc
Dec 28, 2019 Dec 29, 2018 Dec 30, 2017 Dec 31, 2016 Dec 26, 2015
Selected Financial Data (US$ in millions)
Net income 21,048  21,053  9,601  10,316  11,420 
Stockholders’ equity 77,504  74,563  69,019  66,226  61,085 
Profitability Ratio
ROE1 27.16% 28.24% 13.91% 15.58% 18.70%
Benchmarks
ROE, Competitors2
Advanced Micro Devices Inc. 12.06% 26.62% 7.04% -119.47%
Apple Inc. 61.06% 55.56% 36.07% 35.62% 44.74%
Applied Materials Inc. 32.94% 48.44% 36.73% 23.85% 18.09%
Broadcom Inc. 10.92% 45.99% 8.34% -9.20% 28.94%
Cisco Systems Inc. 34.62% 0.25% 14.53% 16.89% 15.04%
Micron Technology Inc. 17.59% 43.77% 27.33% -2.28% 23.57%
NVIDIA Corp. 44.33% 40.78% 28.91% 13.74% 14.27%
Qualcomm Inc. 89.35% -524.14% 8.02% 17.95% 16.78%
Texas Instruments Inc. 56.33% 62.04% 35.62% 34.33% 30.02%
ROE, Sector
Technology Hardware & Equipment 38.29% 37.01% 23.47% 22.09% 28.27%
ROE, Industry
Technology 29.94% 27.13% 20.33% 20.89% 22.73%

Based on: 10-K (filing date: 2020-01-24), 10-K (filing date: 2019-02-01), 10-K (filing date: 2018-02-16), 10-K (filing date: 2017-02-17), 10-K (filing date: 2016-02-12).

1 2019 Calculation
ROE = 100 × Net income ÷ Stockholders’ equity
= 100 × 21,048 ÷ 77,504 = 27.16%

2 Click competitor name to see calculations.

Profitability ratio Description The company
ROE A profitability ratio calculated as net income divided by shareholders’ equity. Intel Corp.’s ROE improved from 2017 to 2018 but then slightly deteriorated from 2018 to 2019.

Return on Assets (ROA)

Intel Corp., ROA calculation, comparison to benchmarks

Microsoft Excel LibreOffice Calc
Dec 28, 2019 Dec 29, 2018 Dec 30, 2017 Dec 31, 2016 Dec 26, 2015
Selected Financial Data (US$ in millions)
Net income 21,048  21,053  9,601  10,316  11,420 
Total assets 136,524  127,963  123,249  113,327  103,065 
Profitability Ratio
ROA1 15.42% 16.45% 7.79% 9.10% 11.08%
Benchmarks
ROA, Competitors2
Advanced Micro Devices Inc. 5.66% 7.40% 1.21% -14.97% -21.23%
Apple Inc. 16.32% 16.28% 12.88% 14.20% 18.38%
Applied Materials Inc. 14.22% 18.64% 17.68% 11.80% 9.00%
Broadcom Inc. 4.04% 24.46% 3.11% -3.48% 12.88%
Cisco Systems Inc. 11.88% 0.10% 7.40% 8.83% 7.91%
Micron Technology Inc. 12.91% 32.59% 14.40% -1.00% 12.01%
NVIDIA Corp. 31.15% 27.11% 16.93% 8.33% 8.76%
Qualcomm Inc. 13.31% -14.88% 3.77% 10.90% 10.38%
Texas Instruments Inc. 27.84% 32.56% 20.87% 21.88% 18.40%
ROA, Sector
Technology Hardware & Equipment 14.59% 14.69% 10.27% 10.42% 13.82%
ROA, Industry
Technology 12.92% 11.94% 9.25% 10.23% 11.41%

Based on: 10-K (filing date: 2020-01-24), 10-K (filing date: 2019-02-01), 10-K (filing date: 2018-02-16), 10-K (filing date: 2017-02-17), 10-K (filing date: 2016-02-12).

1 2019 Calculation
ROA = 100 × Net income ÷ Total assets
= 100 × 21,048 ÷ 136,524 = 15.42%

2 Click competitor name to see calculations.

Profitability ratio Description The company
ROA A profitability ratio calculated as net income divided by total assets. Intel Corp.’s ROA improved from 2017 to 2018 but then slightly deteriorated from 2018 to 2019.